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Topic: Satoshi Buckets - A game with a winning strategy! 1 BTC GIVEAWAY, 0.3 BTC LEFT. - page 3. (Read 9741 times)

newbie
Activity: 42
Merit: 0
How many confirmations to get into a bucket? 1? 2? 3?

1 confirmation. As soon as all buckets have 0.025 BTC worth, all confirmed at least once, one of the buckets falls.
full member
Activity: 173
Merit: 100
Sorry for the double post - just out of interest....

How many confirmations to get into a bucket? 1? 2? 3?
full member
Activity: 173
Merit: 100


Yes, I think that's how it goes, but it seems that you received a small amount from the green bucket as it fell 5 mins after your last payment from red, which means that you had no running bets at 18:25.

2d5dae7f916efd99c488980c92bb354c208259a1e2d62b1fa30f6c0fd5a66e16 2013-06-13 15:59:05
1GbucketpG4rHKict89wWGJLhM1jD9RCac               ->      14dD2jzPSpY4kzVacPbVThk187MCupwLCu 0.0001 BTC


I started throwing btc at the buckets on the train yesterday to satiate my boredom, and think that I ended up with bets in all three buckets at one point.

Green appeared to fall as per your transaction above, however, this would mean that I still had funds in the red bucket until it fell later, but received no further red bucket transactions or red bucket-fall notification amount. I also had one transaction back from blue bucket and then no further transactions or notification that it had fallen.

If anyone could help me understand this, it would be much appreciated Smiley

EDIT:


You almost have it right. You don't receive transactions from the red bucket necessarily -- the transactions come from all three buckets.

If you look at the history,

http://blockchain.info/address/14dD2jzPSpY4kzVacPbVThk187MCupwLCu

You'll see that there's transactions from all three buckets. Since you bet in all three buckets, you only really got a small "signal" transaction when the last bucket fell: http://blockchain.info/tx/2d5dae7f916efd99c488980c92bb354c208259a1e2d62b1fa30f6c0fd5a66e16

So everything seems to be in working order.

(The only thing that is a littly fishy right now is that the green bucket transaction is taking a long time to confirm. This is caused by too small a transaction fee -- but it's not quite as bad as a few days ago.)

Okay, thanks this helps clear it up a bit.

Perhaps you could consider making so that you receive payouts from the address of whatever bucket you still have funds in? It would seem much more intuitive that way. So for example:

Joe  has coins in red, blue and green. Green falls. Joe receives the following transactions:

Green - the token 0.000001 or whatever
Red - the red bucket share of green's funds
Blue - the blue bucket share of green's funds

Next round, assuming Joe didn't reinvest and Red then fell, Joe would receive:

Green - nothing
Red - the token 0.0000001
Blue - the blue bucket share of red's funds

Does that make sense? I think if you manged it that way, it would make things a lot clearer for multi-bucket players!
sr. member
Activity: 384
Merit: 250
I was of the impression that if I had coins in red, I would receive transactions from red bucket every time a green or blue bucket fell, and when the red bucket fell, I would receive a 0.00000101 transaction to indicate that it's gone.

However, looking at the address history here, I can see that I've just fallen off the transactions:

Quote
2013-06-13 13:10:39
14dD2jzPSpY4kzVacPbVThk187MCupwLCu  - 0.00402483

2013-06-13 15:45:09
14dD2jzPSpY4kzVacPbVThk187MCupwLCu  - 0.00203495

2013-06-13 15:51:02
14dD2jzPSpY4kzVacPbVThk187MCupwLCu  - 0.00144995

2013-06-13 15:54:33
14dD2jzPSpY4kzVacPbVThk187MCupwLCu  -0.00135295

My understanding is, that with the next red bucket transaction (2013-06-13 18:25:20), I would have received either a further payment, or a token small payment to indicate that the bucket has fallen. However, I've had no further red bucket transactions after the 15:54:33 one.

Am I misunderstanding the game mechanics here?

Yes, I think that's how it goes, but it seems that you received a small amount from the green bucket as it fell 5 mins after your last payment from red, which means that you had no running bets at 18:25.

2d5dae7f916efd99c488980c92bb354c208259a1e2d62b1fa30f6c0fd5a66e16 2013-06-13 15:59:05
1GbucketpG4rHKict89wWGJLhM1jD9RCac               ->      14dD2jzPSpY4kzVacPbVThk187MCupwLCu 0.0001 BTC
newbie
Activity: 42
Merit: 0
Hmm, in that case maybe I'm confused as to how it works. I was of the impression that if I had coins in red, I would receive transactions from red bucket every time a green or blue bucket fell, and when the red bucket fell, I would receive a 0.00000101 transaction to indicate that it's gone.

You almost have it right. You don't receive transactions from the red bucket necessarily -- the transactions come from all three buckets.

If you look at the history,

http://blockchain.info/address/14dD2jzPSpY4kzVacPbVThk187MCupwLCu

You'll see that there's transactions from all three buckets. Since you bet in all three buckets, you only really got a small "signal" transaction when the last bucket fell: http://blockchain.info/tx/2d5dae7f916efd99c488980c92bb354c208259a1e2d62b1fa30f6c0fd5a66e16

So everything seems to be in working order.

(The only thing that is a littly fishy right now is that the green bucket transaction is taking a long time to confirm. This is caused by too small a transaction fee -- but it's not quite as bad as a few days ago.)
newbie
Activity: 42
Merit: 0
Am I misunderstanding the game mechanics here?

thisisgil: Let me look into it, and I'll get right back to you.

But first... giveaway results are ready!

THIRD GIVEAWAY DAY RESULTS!

This time I went with a slightly different method of selecting the winner, which is a lot easier to administer manually and less error prone. (It also slightly benefits people who enter in smaller rounds over larger rounds. Sorry, but I do think the simplification is worth it.) Essentially, the block hash is now used to pick the winning transaction, and then to select an entry at random from it.

So, the last considered block was 00000000000000e9e6d637cadd9059c0ab1cf11175b8f25722ad00270fd01265. This selects the 19th transaction, 5fda6b83c423cad6fdf692937bc5033bd06fa0cc613120fd88a3ce628287008e, and the first entry from that transaction.

CONGRATULATIONS 1BdHQJKjQBn3eKpLWBNNw9kqURrPDRopeY, YOU WIN 0.1 BTC!

Winning transaction.

Details:
Quote
Last Block Hash:

00000000000000e9e6d637cadd9059c0ab1cf11175b8f25722ad00270fd01265

Transactions (32):
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Selection method:

transaction index = (block hash / 256) % number of transactions
winning entry index = block hash % number of entries in chosen transaction
These indices are 0-based, not 1-based.

Winner:

Last block hash chooses 1st entry from 19th transaction.
1BdHQJKjQBn3eKpLWBNNw9kqURrPDRopeY
full member
Activity: 173
Merit: 100
Actually, red fell about 8 hours ago. I still have a little bit going in the green bucket. Maybe I should stop watching it...

Hmm, in that case maybe I'm confused as to how it works. I was of the impression that if I had coins in red, I would receive transactions from red bucket every time a green or blue bucket fell, and when the red bucket fell, I would receive a 0.00000101 transaction to indicate that it's gone.

However, looking at the address history here, I can see that I've just fallen off the transactions:

Quote
2013-06-13 13:10:39
14dD2jzPSpY4kzVacPbVThk187MCupwLCu  - 0.00402483

2013-06-13 15:45:09
14dD2jzPSpY4kzVacPbVThk187MCupwLCu  - 0.00203495

2013-06-13 15:51:02
14dD2jzPSpY4kzVacPbVThk187MCupwLCu  - 0.00144995

2013-06-13 15:54:33
14dD2jzPSpY4kzVacPbVThk187MCupwLCu  -0.00135295

My understanding is, that with the next red bucket transaction (2013-06-13 18:25:20), I would have received either a further payment, or a token small payment to indicate that the bucket has fallen. However, I've had no further red bucket transactions after the 15:54:33 one.

Am I misunderstanding the game mechanics here?
legendary
Activity: 1988
Merit: 1007
No buckets seem to have fallen for around 16 hours now. Is this just due to the lack of btc being pumped into the buckets?

Yes. The buckets only fall when there is enough to get them activated. After this it waits for the next BTC block for generating which bucket should drop.
sr. member
Activity: 384
Merit: 250
Actually, red fell about 8 hours ago. I still have a little bit going in the green bucket. Maybe I should stop watching it...
full member
Activity: 173
Merit: 100
No buckets seem to have fallen for around 16 hours now. Is this just due to the lack of btc being pumped into the buckets?
newbie
Activity: 42
Merit: 0
SECOND GIVEAWAY DAY RESULTS!

This time there were 32 fallen buckets, for a total of 206 entries in the giveaway.

The last block considered was 00000000000000e787eb22c9315c7306ce44f7f1832bc8595b204922c9d87cd5. Divided by 206, that gives us a remainder of 127. So the 128th entry wins. So...

CONGRATULATIONS 14f6R5rve7t23wRsYmXuALDTPJH19WKUci, YOU ARE THE WINNER!

Winning transaction is here.

More details:

Quote
Last block:

00000000000000e787eb22c9315c7306ce44f7f1832bc8595b204922c9d87cd5

Transactions (32):
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Entries (206). (List omitted to keep this post short.)
full member
Activity: 120
Merit: 100
I won the 0.1.  Thanks bitshy!  Didn't get to see those large buckets though.  That would have been fun to get in on.
newbie
Activity: 42
Merit: 0
Someone decided to test Satoshi Buckets with huge bets. As a result, there was a round with R=0.125, G=0.19, B=0.15. That was the biggest round yet! (Green fell.) Thank you anonymous tester!

If things like this happen more often, I'll raise the minimum round threshold to 0.05 BTC per bucket, to prevent people from winning a large bucket with a much, much smaller bet amount. (This would once again also reduce back and forth transaction fees.)
newbie
Activity: 42
Merit: 0
A little bit of math about the giveaway:

There were 68 entries yesterday. Each 0.005 BTC bet was worth about 2.5 entries on average. Each 0.005 BTC bet gave you around 4% chance to win the giveaway. That means that each 0.005 BTC bet gives you 4% chance to earn 0.1 BTC -- that's 0.004 BTC expected value -- beyond what you already earn from playing Satoshi Buckets.

IN OTHER WORDS, minimum bets are about 80% cheaper thanks to the giveaway. The expected return of a minimum bet is much more than 100%!
newbie
Activity: 42
Merit: 0
Sorry about that, I cant ever tell which address Bitcoin Client uses for sending. I guess I should look into that.

Hey, no problem! I'm here to help. :-)
full member
Activity: 210
Merit: 100
Sorry about that, I cant ever tell which address Bitcoin Client uses for sending. I guess I should look into that.
newbie
Activity: 42
Merit: 0
I played red and blue I believe. Let me check

edit, Im not sure what time frame your working with
Status: 197 confirmations
Date: 6/11/2013 02:16
To: Blue Bucket 1Bbucket59CEs93UrZDKeDJ9cETxFEm9xE
Debit: -0.005 BTC
Transaction fee: -0.0005 BTC
Net amount: -0.0055 BTC
Transaction ID: d91a2c2cff4b542c43c8b687420940d95e003ed1503feccd4b1b0ed64c8991fd

Status: 207 confirmations
Date: 6/11/2013 00:20
To: Blue Bucket 1Bbucket59CEs93UrZDKeDJ9cETxFEm9xE
Debit: -0.005 BTC
To: Green Bucket 1GbucketpG4rHKict89wWGJLhM1jD9RCac
Debit: -0.005 BTC
To: 50 1dice97ECuByXAvqXpaYzSaQuPVvrtmz6
Debit: -0.01 BTC
Transaction fee: -0.0005 BTC
Net amount: -0.0205 BTC
Transaction ID: 0caec1ddca6fbb845e00dc2cb19ac3d6db7f3066887d10180310ee12e681979c

I see your address in the list above! The address "1J1YxPuhWEQ5DXGPAiZZb2aDUcp4GDkvgi", belonging to you, had 5 entries in the giveaway. Overall, you had a 7.4% chance of winning 0.1 BTC.

Quote
Prolly my fault with the multi-bucket deals again

No, betting in multiple buckets is totally fine nowadays.
full member
Activity: 210
Merit: 100
I played red and blue I believe. Let me check

edit, Im not sure what time frame your working with
Status: 197 confirmations
Date: 6/11/2013 02:16
To: Blue Bucket 1Bbucket59CEs93UrZDKeDJ9cETxFEm9xE
Debit: -0.005 BTC
Transaction fee: -0.0005 BTC
Net amount: -0.0055 BTC
Transaction ID: d91a2c2cff4b542c43c8b687420940d95e003ed1503feccd4b1b0ed64c8991fd

Status: 207 confirmations
Date: 6/11/2013 00:20
To: Blue Bucket 1Bbucket59CEs93UrZDKeDJ9cETxFEm9xE
Debit: -0.005 BTC
To: Green Bucket 1GbucketpG4rHKict89wWGJLhM1jD9RCac
Debit: -0.005 BTC
To: 50 1dice97ECuByXAvqXpaYzSaQuPVvrtmz6
Debit: -0.01 BTC
Transaction fee: -0.0005 BTC
Net amount: -0.0205 BTC
Transaction ID: 0caec1ddca6fbb845e00dc2cb19ac3d6db7f3066887d10180310ee12e681979c



Prolly my fault with the multi-bucket deals again
newbie
Activity: 42
Merit: 0
Do all players payout address show in the address list. I played a few times and don't see mine on the list

They should. Did you only play in the red bucket? There's two outstanding red bucket falling transactions that haven't been included in this giveaway. (They'll be included once they are confirmed.)
full member
Activity: 210
Merit: 100
Do all players payout address show in the address list. I played a few times and don't see mine on the list
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